80% of the funds in the market are obsessed with Bitcoin, and even the remaining 20% are not willing to be lonely and cling to Ethereum.
It seems that the rise of Bitcoin is not accidental, but the inevitable result of capital accumulation. And what about the copycats?
They seem to be waiting for their own ray of sunshine, patiently lurking in the dark, looking forward to the moment of compensatory rise.
There are always some pessimistic voices echoing in the market, claiming that the liquidity of the crypto market has been exhausted and is about to be squeezed dry.
These remarks are like crows' mouths, trying to completely extinguish the fire of hope of the copycats. But I want to say that these remarks are simply nonsense!
Look at the recent ETF data of Bitcoin and Ethereum. They are like bright stars, shining brightly in the night sky.
This is enough to prove that the liquidity of the crypto market is still abundant and there is no sign of exhaustion. Those who claim that liquidity is exhausted may have ignored the deep laws of the market and the logic of capital flow.
Let's look at the performance of retail investors. After the continuous wash-out in recent months, they seem to be scared to death and no longer dare to invest recklessly as before. Even though Bitcoin has broken through the $68,000 mark, they are still trembling, fearing that they will step into the abyss if they are not careful. But it is this fear and caution that provides more possibilities for the further rise of Bitcoin. Because there are always a group of people who firmly believe that the callback of Bitcoin is only temporary, and they will re-enter the market at the right time to take back their lost chips. As for the copycat market, they are currently facing the dilemma of lack of hype narrative. Both retail investors and project parties are watching and waiting, trying to find the spark that can ignite the enthusiasm of the market. But please don’t forget that the market is always full of variables. Maybe in the next second, a copycat project will suddenly explode and become the focus and darling of the market. At that time, those who once laughed at the copycat will probably regret not entering the market earlier! The bull market is just beginning. If you don’t have enough money and are not suitable for the big ones, and want to make a high profit with the copycat but don’t know which coin to buy, then observe the main ones and you will be able to plan the entire bull market.
